ANNOUNCEMENTS

NPRO: 1Q 2018 - EARNINGS PER SHARE NOK 0.17, DIVIDEND NOK 0.07 PER SHARE

Pre-tax profit came to NOK 141.7 million (NOK 287.2 million). After NOK 49.4 million in estimated tax expense, net profit for the period came to NOK 92.3 million. That yielded ordinary earnings per share (EPS) of NOK 0.17 for the first quarter. Carried equity per share came to NOK 14.06 at 31 March 2018, up from NOK 13.96 at 31 December 2017 (Epra NAV: NOK 15.47 and Epra NNNAV: NOK 14.65 at 31 March 2018).

Link to webcast in Norwegian: http://webtv.hegnar.no/presentation.php?webcastId=83479980 

The board of directors has approved a dividend of NOK 0.07 per share to be distributed to the registered shareholders as of 23 May 2018 (ex. Date is 7 May 2018).

For further information, please contact:

Bent Oustad, CEO
Telephone: +47 48 01 60 82
Email: bo@npro.no

This information is subject of the disclosure requirements according to §5-12 of the Norwegian Securities Trading Act (’Verdipapirhandelloven’).